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Nov 30, 2012
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spending cuts at the end of the fiscal year. it has really shocked republicans this year on capitol hill. they say it calls for, for one thing, $1.6 trillion in new tax hikes over a decade. it is also stimulus spending and the spending cuts. both sides are necessary to reduce the deficit. those the president would largely tackle later perhaps next year. >> first despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real spending cuts. no substantive progress has been made in the talks between the white house and the house over the last two weeks. listen, this is not a game. jobs are on the line. the american economy is on the line and this is a moment for adult leadership. >> perhaps most su prirprising the white house proposal to get the president just about unlimited power to raise the nation's debt sealiceiling and w more and more money unless they reject. these will be tough negotiations ahead. we got a little sample of this yesterday from senate majority leader talki
spending cuts at the end of the fiscal year. it has really shocked republicans this year on capitol hill. they say it calls for, for one thing, $1.6 trillion in new tax hikes over a decade. it is also stimulus spending and the spending cuts. both sides are necessary to reduce the deficit. those the president would largely tackle later perhaps next year. >> first despite the claims that the president supports a balanced approach, the democrats have yet to get serious about real spending...
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Dec 27, 2012
12/12
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cliff. the president is cutting his vacation short to return to the white house and try to hammer out a deal. but what will actually happen if we do go over the cliff? doug luzader is live for us with the details. >> it is not going to be pretty. on board air force one heading back to washington from a hawaii after cutting christmas short. can a cup of coffee help as far as christmas is concerned. starbucks is hoping. if you go into a starbucks you will get a message written on your coffee that says come together. this is a company trying to tell the president and lawmakers here they need to come up with some kind of agreement before they go over the fiscal cliff at the end of the year. the senate will be meeting today. this is the first time we have seen legislative business conducted in the weeks between christmas and new years since 1970. the house come back as well but nothing yet. the other thing to consider here the two key players in all of this president obama and republican house sp
cliff. the president is cutting his vacation short to return to the white house and try to hammer out a deal. but what will actually happen if we do go over the cliff? doug luzader is live for us with the details. >> it is not going to be pretty. on board air force one heading back to washington from a hawaii after cutting christmas short. can a cup of coffee help as far as christmas is concerned. starbucks is hoping. if you go into a starbucks you will get a message written on your...
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Jul 17, 2012
07/12
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cliff. that translates to allowing $600 billion for spending cuts to take effect next year. >> if quaint get a good deal a balanced deal that calls on the wealthy to pay their fair share i will absolutely continue this debate into 2013 rather than lock in a long-term deal that throws middle class families under the bus. >> republican leaders say they worry it would though them back into the economy and democrats would get their way. >>> make no mistake. what the dem rats are proposing today is a highly avoidable high stakes game of chicken with a single minded goal of taking more money from those who earn it for governments to waste. >> then there is concern the tax cliff will hurt the american people killing economic growth and jobs in a wall street journal op ed economist and analyst claims if they take place united states faces an economic site mass i have tax hikes and spending. they expend all of the bush tax duts. but they support the tax cuts only for individuals making 250,000 dollar
cliff. that translates to allowing $600 billion for spending cuts to take effect next year. >> if quaint get a good deal a balanced deal that calls on the wealthy to pay their fair share i will absolutely continue this debate into 2013 rather than lock in a long-term deal that throws middle class families under the bus. >> republican leaders say they worry it would though them back into the economy and democrats would get their way. >>> make no mistake. what the dem rats...
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Nov 27, 2012
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senator mccain is also talking about know big topic the fiscal cliff. he says the current tax cuts could be extended for another six months. >> meeting this week is interesting. to be a sense of urgency as the market indicates. i think it depends on both sides and what they view is the lesson of the election. republicans maintain their majority in the house. the preside there's a possibili could kick the can down the road for 6 months or so by putting everything on hold. if you are really going to solve this problem if you are really going to address it you have to go after entitlements. everybody knows that's the third rail. that part has to be bipartisan the way it was with tip o'neil and ronald reagan. >> the fiscal cliff making investors nervous but not consumers. that's one of the stories you can bank on this morning. if you looked at cyber monday all of the deals you are not alone. early numbers show that sales were on track to break records. lauren simonetti joins us to look at these numbers. >> i went shopping yesterday, did you? >> i did, actua
senator mccain is also talking about know big topic the fiscal cliff. he says the current tax cuts could be extended for another six months. >> meeting this week is interesting. to be a sense of urgency as the market indicates. i think it depends on both sides and what they view is the lesson of the election. republicans maintain their majority in the house. the preside there's a possibili could kick the can down the road for 6 months or so by putting everything on hold. if you are really...
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Dec 26, 2012
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fox news confirming he will be cutting his vacation short to get back to work on the fiscal cliff. peter doocy has more. >> president obama will departed hawaii for washington, d.c. late tonight leaving his wife michelle and daughters sasha and malia behind. the latest guidance we have from white house is that the president will be back here in the nation's capital where it is presently 36 degrees sometime tomorrow morning. united states government is set to go off the fiscal cliff on new year's day. at this point we don't know if the president plans to return at the to hawaii if the tax hikes are avoided well in advance of the of the new year. he's there to talk to himself. john boehner will come back at any time. his office told us it would be sometime after christmas. so he could be back as soon as today. the upper chamber in commerce is coming back tomorrow to pick up where they left off on the important domestic surveillance bisa. they will meet for a vote on the $50.6 billion bill for hurricane sandy relief. they will be back in the same zip code as far as we know there are n
fox news confirming he will be cutting his vacation short to get back to work on the fiscal cliff. peter doocy has more. >> president obama will departed hawaii for washington, d.c. late tonight leaving his wife michelle and daughters sasha and malia behind. the latest guidance we have from white house is that the president will be back here in the nation's capital where it is presently 36 degrees sometime tomorrow morning. united states government is set to go off the fiscal cliff on new...
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Nov 7, 2012
11/12
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fiscal cliff, taxes, military cuts, debt and deficit spending, our analysts are lined up on all of that. republicans control the house. we hear from john boehner on his strategy next. and how did this election break and where weather to now, america? martha and i will see you the day after, november 7 here, on "america's newsroom" how can you get back pain relief that lasts up to 16 hours? with thermacare heatwraps. thermacare works differently. it's the only wrap with patented heat cells that penetrate deep to relax, soothe, and unlock tight muscles. for up to 16 hours of relief, try thermacare. >> gretchen: this has been a roller coaster campaign with many saying this election would be too close to call. but not for our next guest. he he got it right again. he called the election for the president. but just how accurate was he? >> brian: we'll find out. he was right on the money. let's cut to it. larry sabato. people want to go to your class. it said dr. sabato said likely obama likely to win reelection. you almost nailed it to the t. what were your numbers and right now we have presi
fiscal cliff, taxes, military cuts, debt and deficit spending, our analysts are lined up on all of that. republicans control the house. we hear from john boehner on his strategy next. and how did this election break and where weather to now, america? martha and i will see you the day after, november 7 here, on "america's newsroom" how can you get back pain relief that lasts up to 16 hours? with thermacare heatwraps. thermacare works differently. it's the only wrap with patented heat...
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Dec 26, 2012
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the fiscal cliff . can a deal be reached. >> a deadly winter storm unleashing snow and tornados . now thousands ever cleaning up and holiday travelers are stuck. i am tracking where the storm ised hading next. >> thank you, rick. take the gift card and hit the stores this morning. wait until "fox and friends" is over and then leave. "fox and friends" begins right now. "fox and friends". >> gretchen: good morning, i am gretchen carlson we are joined by clayton morris . rick as well . these are great guys, but clayton, because he is a tech guru of folks news and here to help all of us today. >> tech support this morning f. you have tech-related questions. send them and i will attempt to answer them all. i answered all of them. my wife said what are you doing on twitter? i said i am helping me. >> gretchen: we have big storms brewing and rick, you are aptly sitting to the right of me and you will help people get out of town. >> 30 tornados and a big one in mobile, alabama and more tornados and a blizzard.
the fiscal cliff . can a deal be reached. >> a deadly winter storm unleashing snow and tornados . now thousands ever cleaning up and holiday travelers are stuck. i am tracking where the storm ised hading next. >> thank you, rick. take the gift card and hit the stores this morning. wait until "fox and friends" is over and then leave. "fox and friends" begins right now. "fox and friends". >> gretchen: good morning, i am gretchen carlson we are...
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Nov 28, 2012
11/12
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fiscal cliff. what is the fiscal cliff. what that means right now all of the taxings for the most part are scheduled to go up and spending cuts are sposed to go in place and if that is not enough. democrats are insisting that alongg with the fiscal cliff there should be an agreement on raising the debt limit. >> brian: billionns or trillions. going to hit the ceiling. you want to know how it relate to you. it is 2000 per family and everyone making a certain amount of money. we could be heading to this. and it is not to anyone's ben benefit to go over the cliff. there is a push to how to get manage done. president of the united states is going on the campaign traill through a series of rallies. >> steve: to a tinker toy factory. >> brian: get yourself up to lincoln log jacks on the way home. >> gretchen: this is disconcerting once again. instid of members that we elect to congress to get things done for us. they can't sit in the room for a photoop and now back out on the campaign trial and people making youtube videos about
fiscal cliff. what is the fiscal cliff. what that means right now all of the taxings for the most part are scheduled to go up and spending cuts are sposed to go in place and if that is not enough. democrats are insisting that alongg with the fiscal cliff there should be an agreement on raising the debt limit. >> brian: billionns or trillions. going to hit the ceiling. you want to know how it relate to you. it is 2000 per family and everyone making a certain amount of money. we could be...
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Dec 28, 2012
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the only way to fix that is go over the fiscal cliff 'cause clearly democrats don't want to cut spending. they'll have to be forced into that and the only way that happens is hit the sequestration, the things that the fiscal cliff will bring of the that's why. i'll take the medicine, the pain now for a healthier economy going forward. >> kelly: there are a lot of economists who agree because they're saying if we go through this, it will be pain for everybody, 2,000, $4,000 added to our tax for the next year or so. and potentially, after that we will rebound and all those automatic spending cuts will go into effect. >> juliet: we've been following this drama involving hobby lobby. the company plans to defy a federal mandate that came out. it required it to offer the morning after pill. and hobby lobby, the owners of the company say, but they don't want to do that. it defies what they believe. they're going to be defying this order. they're going to risk fines of up to $1.3 million per day because they said on principle, we can not do this. >> kelly: here is the reason why. they're a faith
the only way to fix that is go over the fiscal cliff 'cause clearly democrats don't want to cut spending. they'll have to be forced into that and the only way that happens is hit the sequestration, the things that the fiscal cliff will bring of the that's why. i'll take the medicine, the pain now for a healthier economy going forward. >> kelly: there are a lot of economists who agree because they're saying if we go through this, it will be pain for everybody, 2,000, $4,000 added to our...
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Jul 17, 2012
07/12
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stove steve fiscal cliff is looming after the election . >> eric: we need to point out cbo said when all of the tax cuts expire and spending cuts go into affect. the fiscal cliff will throw us back in technical recession even though we are not in the technical recession . let america go -- i am getting technical. >> gretchin: we'll do a couple of head lines. we have a fox news alert. we are looking at tuskare aloosa, alabama is on the loose after opening the copper top bar. at least this morning 15 people are shot. right now we are hearing that one person is in critical condition. the bar was hosting a weekly pool tournament patrons tried to chase after the shooter but he was able to escape. u.s. navy ship forced to open fire on a ship off of the coast of dubai. it came too close and refused to respond. three others were hurt. the united states said it only after verbal warpings are ignored comes after a major build up is underway in the midge -- middle east. there is a plan to build a military site in qatar. bad food causing a major scare in the air for delta airline apparentlies .
stove steve fiscal cliff is looming after the election . >> eric: we need to point out cbo said when all of the tax cuts expire and spending cuts go into affect. the fiscal cliff will throw us back in technical recession even though we are not in the technical recession . let america go -- i am getting technical. >> gretchin: we'll do a couple of head lines. we have a fox news alert. we are looking at tuskare aloosa, alabama is on the loose after opening the copper top bar. at least...
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Dec 18, 2012
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dow jones will try to sell the gop on the latest plan to avoid going off the fiscal cliff . sours say it includes one trillion in spending cuts and one trillion in revenue also the chance that the debt ceiling would be incrosed one year and still yet to be determined if tax rates will go up for some americans. the president is offering a tax rate hike on those makes more than $400,000 a year . that is a change from $250,000 or and some republicans are concerned that party leaders have made too many concessions. key law makers are detailed on the report on the benghazi libya terror atax. and on thursday two of secretary of state hol aids will testify about the act in front of congress. she fell and suffered a concussion and will not be able to be there. former ambassador to the united nations doesn't believe it adds up. >> every foreign ministry knows the phrase i will about to use. when you don't want to go to a meeting or conference event you have a diplomatic illness and this is one to beat the band. i certainly hope it is nothing serious and this was reveal would in a way
dow jones will try to sell the gop on the latest plan to avoid going off the fiscal cliff . sours say it includes one trillion in spending cuts and one trillion in revenue also the chance that the debt ceiling would be incrosed one year and still yet to be determined if tax rates will go up for some americans. the president is offering a tax rate hike on those makes more than $400,000 a year . that is a change from $250,000 or and some republicans are concerned that party leaders have made too...
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Dec 7, 2012
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so the fiscal cliff is looming. there are a the lo of people who say the republicans need to stand together and if the president isn't gog deal fairly and offer up some spending cuts and talk about entitlement reform, the republicans need to be willing to hole hands and jump off the fiscal cliff with the president. are you ready? >> we would prefer that didn't happen. there are a lot of bad outcomes. you got a lot of analysis that's been done, ernst says if we go over the fiscal cliff or raise taxes it will cost us over 700,000 jobs, reduce economic growth, lower take home pay, all those things. that's a bad scenario. the president has made it very clear, tim geithner, his treasury secretary said a couple days ago, absolutely we're ready to go over the cliff. republicans don't think that's the solution. but i do think that if he gets what he wants, he gets higher taxes, he gets defense cuts, if we go over the cliff. so i don't think there is a lot of incentive on the president's part right now to be at the table to
so the fiscal cliff is looming. there are a the lo of people who say the republicans need to stand together and if the president isn't gog deal fairly and offer up some spending cuts and talk about entitlement reform, the republicans need to be willing to hole hands and jump off the fiscal cliff with the president. are you ready? >> we would prefer that didn't happen. there are a lot of bad outcomes. you got a lot of analysis that's been done, ernst says if we go over the fiscal cliff or...
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Jun 14, 2012
06/12
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that is the fiscal cliff. >> steve: it's not just the rich people. it's everybody. >> gretchen: in the speech today, i guarantee you it will be that it's congress' fault because they will not pass more stimulus money that the president wants. >> how about a real jobs plan? how about something that's really going to work? we talked about the repatriation. there are so many ways you can stimulate economic growth and jobs in america other than point the finger at congress, or point the finger at loopholes in taxes. get real. get down and dirty with creating real jobs. >> brian: one of the big stories this week has been president obama coming forward, even i think it was monday, tuesday in baltimore action saying why do people blame me for the deficit? it was baked in the cake. it was going to rise. that is what president bush left me. >> when he said that, he said it's like someone ordering a steak dinner and martini and leaving us, leaving me, president obama, stuck with the tab. so i went back and i did it. i went month by month over the whole term of
that is the fiscal cliff. >> steve: it's not just the rich people. it's everybody. >> gretchen: in the speech today, i guarantee you it will be that it's congress' fault because they will not pass more stimulus money that the president wants. >> how about a real jobs plan? how about something that's really going to work? we talked about the repatriation. there are so many ways you can stimulate economic growth and jobs in america other than point the finger at congress, or...
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Dec 13, 2012
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the longer the white house slow walks this discussion, the closer our economy gets to the fiscal cliff and the more american jobs are placed in jeopardy. >> gretchen: so with both sides still hung up over tax hikes and spending cuts, can they come it a consensus in time to avert going off the cliff? let's ask texas congressman jeb hensarling who joins me live this morning. good morning to you. >> good morning. how are you? >> gretchen: doing just fine, thank you so much. it's interesting because it appears from john boehner that the president isn't budging on the spending cuts. yet i want to point you in the direction of a new fox news poll that came out this morning that said that if there are tax increases, should the president also budge on spending cuts? you want to know how many people said yes? 89%. your thoughts. >> well, i'm gratified by that because the truth is america is facing a debt crisis. under president obama, we've accumulated more debt in four years than in the previous 200. we're borrowing roughly 40 cents on the dollar, much of it from the chinese. sending the bill
the longer the white house slow walks this discussion, the closer our economy gets to the fiscal cliff and the more american jobs are placed in jeopardy. >> gretchen: so with both sides still hung up over tax hikes and spending cuts, can they come it a consensus in time to avert going off the cliff? let's ask texas congressman jeb hensarling who joins me live this morning. good morning to you. >> good morning. how are you? >> gretchen: doing just fine, thank you so much. it's...
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Jan 3, 2012
01/12
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our next president has to cut the spending because we're going over the cliff when it comes to too much spending and here's the other issue -- when it comes to leading, people understand that i'm a person that means what she says and says what she means. and 2012 is the only chance we have in this country to get rid of socialized medicine. i led 40,000 americans to washington to fight this issue. i'm going to see it through. i have the resolve. i won't cut any deals with special interests. we have to end obamacare and i'm the only one that will see this fight through. >> when newt gingrich weighed in yesterday on mitt romney when asked is mitt romney the eventual nominee? he says no. as soon as people understand his record, it becomes -- it does not become him as the nominee. do you feel as though when mitt romney's record is exposed, it will be a negative for him or do you feel his record has not been exposed yet? >> no, absolutely. i think if people will be upset with it because again, there's only one governor in the history of the united states that put into place socialized medicin
our next president has to cut the spending because we're going over the cliff when it comes to too much spending and here's the other issue -- when it comes to leading, people understand that i'm a person that means what she says and says what she means. and 2012 is the only chance we have in this country to get rid of socialized medicine. i led 40,000 americans to washington to fight this issue. i'm going to see it through. i have the resolve. i won't cut any deals with special interests. we...
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Dec 1, 2012
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the fiscal cliff like s&p tried to explain a year and a half ago is if you don't make cuts, we didn't make cuts, they downgraded us. that will be the fiscal cliff. >> perhaps another downgrade. >> yes. >> congressman, thank you for being here on the first day of december. have a great christmas if we don't get to see you. >> what if do you see me. >> then i will say it again and i will buy you coffee. >> great. i hope you do as well. thank you, merry christmas. >> coming up, one with nature. taking on a whole new meaning for this group of kayakers. tell you about their scary encounter out in the open sea. >> plus they just became millionaires but this midwest couple hoping the money will not change who they are. hear how they are going to spend their cash. are they going to get their own reality show? >> i hope so. or that printing in color had to cost a fortune. nobody said an all-in-one had to be bulky. or that you had to print from your desk. at least, nobody said it to us. introducing the business smart inkjet all-in-one series from brother. easy to use. it's the ultimate combinat
the fiscal cliff like s&p tried to explain a year and a half ago is if you don't make cuts, we didn't make cuts, they downgraded us. that will be the fiscal cliff. >> perhaps another downgrade. >> yes. >> congressman, thank you for being here on the first day of december. have a great christmas if we don't get to see you. >> what if do you see me. >> then i will say it again and i will buy you coffee. >> great. i hope you do as well. thank you, merry...
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Oct 20, 2012
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. >> there is a lot of different components fiscal cliff. >> bush tax cuts if they expire we fall off the cliff. higher taxes for everybody not just millionaires. mismember accepts there. >> the average family would see a tax increase of what? >> $3,500 for the year which is about $300 a month. no small chunk of change. >> next on your list here, health reform changes. this these are other big things we need to worry about in 2013. some changes here. if you are single and have an income over 200,000 or married and have an income of over $250,000, you are up against a higher medicare tax. and on your earned income and on your unearned income. so that would be your interest, your dividends and things of that nature. then there are higher taxes around for everybody. then you have got the excuse me i'm losing my train of thought. the 2500 capital gains -- the cap on the flexible spending accounts anything above that go down as income. you would be taxed on that. and as you itemize your returns and you are under the age of 65, for example, your medical expenses have to exceed 10% of your a
. >> there is a lot of different components fiscal cliff. >> bush tax cuts if they expire we fall off the cliff. higher taxes for everybody not just millionaires. mismember accepts there. >> the average family would see a tax increase of what? >> $3,500 for the year which is about $300 a month. no small chunk of change. >> next on your list here, health reform changes. this these are other big things we need to worry about in 2013. some changes here. if you are...
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Nov 24, 2012
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the added element we didn't talk about is the fiscal cliff if that comes that's more than $650 billion in tax increases combined with spending cuts that would send us back into a recession. many fear we would become europe in a matter of speaking. >> here is the interesting part, i think, pete dupont concludes that he says that this recent election proves that the country has become more liberal. that's how he interprets what happened in the most recent election. we would love to hear from you if that's your take away from it. he thinks we are headed in the path of europe and become more liberal. there are many other explanations we have heard since election night. maybe people just the incouple bent always holds an advantage. maybe people don't like change. who knows. but that's his theory is that the country has just become more liberal. >> let us know what you think. friends@foxnews.com email address or find us on twitter ff weekend. don't forget our great facebook page also. if you are a facebooker go there as well. here. >> here are your headlines. police are searching for a man a
the added element we didn't talk about is the fiscal cliff if that comes that's more than $650 billion in tax increases combined with spending cuts that would send us back into a recession. many fear we would become europe in a matter of speaking. >> here is the interesting part, i think, pete dupont concludes that he says that this recent election proves that the country has become more liberal. that's how he interprets what happened in the most recent election. we would love to hear...
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Dec 22, 2012
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there is always a theory that some people would actually want us to go over the fiscal cliff some democrats because they would finally get the defense cuts that they have been clamoring for and it would actually serve their purposes. i dismiss that. >> to be fair, we have even had some republicans who have said that that they want. members of the tea party don't want to have anything to do with -- they want us to go into default. they want us to face these problems. howard dean on the democratic side saying, look, if we don't do it, we have got this other plan and he talks about the fiscal cliff to what alisyn was just saying. listen. >> as you know, i believe the country would be better off if would get another revenueiff. to be serious about balancing the budget and get defense cuts which the congress will never vote for otherwise. we will get some human services cuts which i don't like but we are in a deep hole and everybody is going to have to put somethinged in something. the truth the belief that millionaires or people who make more than $250,000, you tax them more that's going to sol
there is always a theory that some people would actually want us to go over the fiscal cliff some democrats because they would finally get the defense cuts that they have been clamoring for and it would actually serve their purposes. i dismiss that. >> to be fair, we have even had some republicans who have said that that they want. members of the tea party don't want to have anything to do with -- they want us to go into default. they want us to face these problems. howard dean on the...
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Oct 13, 2012
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is on the verge of a falling off of a fiscal cliff. at the end of the year, all of the bush tax cuts are set to expire, but that's not all. millions of them are automatic spending cuts will also kick in. setting off the possibility that 2 million americans will lose their jobs and every family will be forced to pay thousands more in taxes. breaking it all down for us, our very own neil cavuto. neil, i have a theory here, not just the election thing going on. it's baseball! that is why nothing is getting done in d.c. nationals are out. orioles are out. maybe congress can get back to work. >> i went to bad last night and nationals were leading. so i thought i'd be excited when i woke up and i found out the lead evaporated and they're out of it. it could explain why we get sour moods here today. the baseball race expanding. fact of the matter is we just pointed out what is at stake. the end of the year, we are facing what could be the mother of all tax hikes because all those bush tax rates you allude to, not just for the wealthy, everybo
is on the verge of a falling off of a fiscal cliff. at the end of the year, all of the bush tax cuts are set to expire, but that's not all. millions of them are automatic spending cuts will also kick in. setting off the possibility that 2 million americans will lose their jobs and every family will be forced to pay thousands more in taxes. breaking it all down for us, our very own neil cavuto. neil, i have a theory here, not just the election thing going on. it's baseball! that is why nothing...